EUR/USD recovers some of its intraday losses and rebounds to near 1.0300 but renewed fears of US President Trump’s tariffs keep the outlook uncertain. EUR/USD recovers to near 1.0300 after a weak opening around 1.0280 in Monday’s North American...
USD/JPY is currently at a crucial juncture, with 151.80 serving as a key pivot level that will determine the pair’s next major move. The formation of a support base at this level has allowed for temporary price stabilization, and if buyers maintain...
Current Account Balance in Japan The Ministry of Japan recently reported a significant decrease in the Current Account balance, which stood at 1,077.3 billion Yen. This figure is notably lower than November’s reading of 3,352.5 billion Yen,...
USD/JPY has displayed resilience at the 151.80 pivot level, forming a solid support base that has temporarily stabilized price action. If this level holds, the pair could be poised for a bullish breakout, targeting 152.85 and 153.50, with potential...
Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a sell zone as the price is now targeting to break the rising red channel, which represents the general trend during the...
